The adjustable rate mortgage craze was part of what led to the housing and financial crisis that we are still recovering from. Adjustable rate mortgages (ARMs) usually have lower interest rates than traditional mortgages when they are first disbursed. This leads to lower payments, which makes it easier for people to take on large mortgages that [...]
Articles by Jill
7 Rules for Successful Pre-Buying
Posted byI do my best to maximize credit card rewards, take advantage of reward and loyalty programs and generally stretch my dollars as far as possible without spending too much time doing so. So when I read Madison’s post about Envaulted, a cash-back program that gives you 1% back on credit card purchases plus bonuses on certain [...]
Keep Your Eye on the Graduation Prize
Posted byIt’s April. Here in DC Cherry Blossom season has come and gone and the weather is getting warmer every day. We grownups (at 25 I still have a hard time thinking of myself that way!) are in the midst of putting away winter clothes and making summer plans. But students everywhere are gearing up for [...]
Awhile back, I took advantage of a Free Money Friday offer to open a new E-Trade account. Some time later, that account was converted along with most E-Trade deposit accounts to a Discover Bank account. If you’re like me, you associate Discover with credit cards only – in fact, I previously had no idea that [...]
You Can Afford It… but Should You?
Posted byRecently I gave you a set of criteria to use when wondering if you can afford something. Whether that “something” is a pair of shoes or the trip of a lifetime, I listed a number of questions you can ask yourself to objectively decide if your budget/savings can withstand the expenditure. Even if you can [...]
